PRL Analysis
Closed at 106.95 (16-10-2026)
Bearish Divergence appearing on bigger tf (Cautious approach
should be adopted now).
Ascending Triangle is spotted but heavy volumes are required at
108 - 110 to sustain this level & to continue its move.
On the flip side, Important Support seems to be around 88 - 93 &
then around 75 - 77.
Multiple closings below 74 may bring more selling pressure dragging
the price towards 65.
Closed at 106.95 (16-10-2026)
Bearish Divergence appearing on bigger tf (Cautious approach
should be adopted now).
Ascending Triangle is spotted but heavy volumes are required at
108 - 110 to sustain this level & to continue its move.
On the flip side, Important Support seems to be around 88 - 93 &
then around 75 - 77.
Multiple closings below 74 may bring more selling pressure dragging
the price towards 65.
Transaction en cours
wowww. From 114 to CMP 100.50 :-DOn 16-10-2026, I clearly talked about Bearish Divergence
Note
as clearly mentioned about the Bearish Divergence... and it played well 😀
From 114 to CMP 98.11 so far 😛
Note
woww... 95.50 :-Dseems like it may print higher low around this range.
Resistance is still the same, 108 - 110.
Note
93 :-D
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.